Get the free NY Rate Filing Checklist - dfs ny

NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES Rate Filing Sequence Checklist Insurer Name: Insurer File No.: TO: Exhibit Name Exhibit STM-1 Subtle: Exhibit Description Master List of Compliance

How to fill out ny rate filing checklist

How to fill out the NY rate filing checklist:

1. Review the instructions: Carefully read the instructions provided with the NY rate filing checklist. Understand the purpose, requirements, and any specific guidelines for filling out the checklist.
2. Gather necessary information: Collect all the relevant information needed to complete the checklist. This may include data on the insurance policies, rates, premiums, and any other relevant details.
3. Fill in the required sections: Start by filling in the necessary sections of the checklist. Provide accurate and detailed information as requested in each section. Ensure that all the fields are completed correctly.
4. Attach supporting documents: If any supporting documents are required, make sure to gather and attach them to the checklist. These may include policy documents, rate tables, actuarial reports, or any other documentation requested.
5. Double-check for accuracy: Once you have completed filling out the checklist, review it thoroughly for any errors or omissions. Make sure all the information provided is accurate and matches the supporting documents.
6. Submit the checklist: After ensuring the accuracy of the checklist, submit it according to the instructions provided. This may involve mailing or submitting it online through the designated platform.

Who needs the NY rate filing checklist?

1. Insurance companies: Insurance companies operating in New York State who are required to file rates with the state regulatory authorities need the NY rate filing checklist. It helps them organize and provide the necessary information for rate filing.
2. Actuaries: Actuaries involved in the rate-setting process of insurance companies also utilize the NY rate filing checklist. It assists them in ensuring compliance with regulatory requirements and assessing the accuracy of the submitted rates.
3. State regulatory authorities: The NY rate filing checklist is specifically designed for state regulatory authorities in New York. It serves as a tool for them to review and evaluate the rates and other related information provided by insurance companies.

Note: The specific individuals or entities that need the NY rate filing checklist may vary depending on the regulations and requirements of the state of New York. It is always important to refer to the relevant authorities or guidelines for the accurate information regarding who needs to fill out the checklist.

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